![](https://mrtopstep.com/wp-content/uploads/2019/02/Chart-02-05-2019.png)
Index Futures Net Changes and Settlements:
Contract |
Settlement |
Net Change |
+/-% |
S&P 500 (ESH19:CME) |
2721.25 |
+17.00 |
+0.62% |
DowJones (YMH19:CBT) |
25,188 |
+192 |
+0.76% |
Nasdaq 100 (NQH19:CME) |
6937.50 |
+59.75 |
+0.86% |
Russell 2000 (RTYH19:CME) |
1517.40 |
+13.90 |
+0.92% |
Foreign Markets, Fair Value and Volume:
- In Asia 7 out of 11 markets closed higher: Shanghai Comp +1.30%, Hang Seng +0.21%, Nikkei -0.19%
- In Europe 13 out of 13 markets are trading higher: CAC +1.02%, DAX +1.14%, FTSE +1.37%
- Fair Value: S&P -1.56, NASDAQ +1.78, Dow -52.07
- Total Volume: 1.02mil ESH & 318 SPH traded in the pit
Today’s Economic Calendar:
Today’s economic calendar includes the 8-Week Bill Settlement, Redbook 8:55 AM ET, PMI Services Index 9:45 AM ET, and ISM Non-Mfg Index 10:00 AM ET.
S&P 500 Futures: Mutual Fund Monday Meets ‘Thin To Win’
![](https://mrtopstep.com/wp-content/uploads/2019/02/Scott-Redler-Chart-02-05-2019.png)
Chart courtesy of Scott Redler @RedDogT3 – $spx futures +5 as it’s been better to manage your portfolio approach with a tier system. Vs fight the trend with opinions.
Sunday night, the S&P 500 futures (ESH19:CME) printed a high of 2709.25, a low of 2698.00, and opened regular trading hours at 2704.75. The morning high came in late at 2713.75, and the morning low print was at 2697.00 early on. The S&P’s traded 2709.75 on the 10:30 European close, and 2712.75 going into the noon hour.
The early afternoon saw a high of 2719.00 and a low of 2712.25, and in the final hour of the day the ES printed to a new high, rallying up to 2725.00. The ES traded 2717.25 on the 2:45 cash imbalance reveal, 2723.75 on the 3:00 cash close, and settled at 2721.00 on the 3:15 futures close, up +16.75 handles or +0.62%.
In the end, the ES’s overall tone was firm. In terms of the days overall trade, volume was low, with only 980k futures contracts traded.
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As always, please use protective buy and sell stops when trading futures and options.
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